Vietnam life vietnam records 21

Tourism authorities in Ha Giang Province, northern Vietnam have opened four new routes running through the Dong Van Rock Plateau in the hope of attracting more tourists to the northernmost mountainous region. The four include Quan Ba – Yen Minh, Yen Minh – Dong Van, Dong Van – Meo Vac, and Meo Vac – Du Gia. They are considered a true showcase of Ha Giang’s storied beauty. A stretch of the Ha Giang Loop in Ha Giang Province, Vietnam. Photo: Nhu Binh / Tuoi Tre The Ha Giang Loop has long been a favorite amongst motorbike-riding backpackers, but the establishment of the novel routes throughout the region will help to gradually open up the area to group tours and other visitors who prefer to travel by bus or car. From Quan Ba District to Yen Minh District Quan Ba District of Ha Giang sits in the southwesternmost area of the Dong Van Karst Plateau Geopark. To reach the Quan Ba Heaven Gate – a majestic overlook about 1,200 meters above sea level – visitors … [Read more...] about Explore the newest breathtaking routes in Vietnam’s Ha Giang Province

American technology company Intel has plans to broaden business and investment activities in Vietnam following the country’s good management of the COVID-19 pandemic, the Vietnam Government Portal (VGP) quoted Intel CEO Patrick Gelsinger. The Intel executive made the statement at a meeting with Vietnamese Prime Minister Pham Minh Chinh in Hanoi on Friday. Vietnam is an attractive destination for foreign investors as it is a vibrant economy and a promising market, CEO Gelsinger said. He highlighted that Vietnam remains a charming investment destination in the eyes of foreign investors thanks to its dynamic economy, potential market, and industrious population. He appreciated the Vietnamese government’s efforts in creating favorable conditions for foreign investors, particularly its support for Intel to maintain production amid the pandemic time. Chinh, who visited Intel’s headquarters in California earlier this month, praised semiconductor chip manufacturer's investment … [Read more...] about Intel plans to expand investment in Vietnam

BANGKOK -- Thailand and Vietnam are in talks on a pact to raise the price of their rice exports to increase their leverage in the global market and improve farmer incomes, a Thai government official said on Friday. Agriculture officials from Thailand and Vietnam, the world's second and third biggest rice exporters, met in Bangkok on Friday to discuss joint measures to support their farmers and rice industries and manage growing production costs. "We aim to raise rice prices, increase farmer income and increase bargaining power in the global market," Thai government spokesperson Thanakorn Wangboonkongchana said in a statement after discussions on the sidelines of a farms expo. "The rice price has been low for more than 20 years while the cost of production has been increasing." Vietnam's agriculture ministry could not immediately be reached for comment. Vietnam and Thailand account for roughly 10% of global production of rough rice, and about 26% of global exports, according … [Read more...] about Thailand aims for pact with Vietnam to raise rice prices

Vietnam’s skilled workforce, optimistic economic outlook, and competitive wage prices are among the factors drawing foreign investors’ attention to the country. An estimated 21% of Indian companies that have operations in Southeast Asia or expect to do so in the future show their plan to expand their businesses in Vietnam in the next two years. Whilst, 26% of Chinese corporates in Vietnam are looking to prioritize growth here over the next two years. Car production at Thanh Cong Hyundai Plant. Photo: Viet Dung These are some of the key findings from HSBC Navigator: SEA in Focus , which surveyed more than 1,500 companies from six of the largest economies in the world, including China, France, Germany, India, the UK, and the US – all of which have operations in Southeast Asia or have plans to do so in the future.  The survey gauges their sentiment on doing business in Southeast Asia, with a particular focus on trade, digitization, and sustainability. … [Read more...] about Companies from China and India temped to move to Vietnam

S&P forecast Vietnam’s GDP will grow 6.9% in 2022 before settling closer to its long-term trend of growing 6.5%-7% from 2023 onward. S&P Global Ratings on May 26 raised its long-term foreign and local currency sovereign credit ratings on Vietnam to 'BB+' from 'BB'. S&P expects Vietnam's economy to continue its upward trend. Source: S&P The rating agency also affirmed the country’s short-term rating at ‘B’ with a stable outlook. “The stable outlook reflects our expectations that over the next 12-24 months, Vietnam's economy will continue to recover from the challenges posed by the pandemic over the past two years. This will support the external position and rein in fiscal deficits,” it noted. S&P added it could raise the ratings if Vietnam's institutional settings improve considerably, in ways that augment policy predictability and transparency. Such favorable changes in the policy environment could bolster investor confidence in the … [Read more...] about Vietnam’s long-term credit rating upgraded to “BB+”: S&P

The administration of Binh Duong province, in collaboration with the Vietnamese Consulate General in Sydney and Becamex IDC Corporation, organized an investment promotion seminar in Sydney on May 27. Binh Duong promotes investment opportunities in Australia. (Photo: baobinhduong.vn) In his remarks, Consul General Nguyen Dang Thang introduced to Australian officials and businesses the potential for expanding trade and investment in Vietnam, affirming that the two countries have treasured a close relationship in various fields, including politics, diplomacy, trade and investment. Despite the impact of the COVID-19 pandemic, he said, two-way trade turnover between Vietnam and Australia reached a record high of more than US$12.4 billion in 2021, a year-on-year rise of 49.45%. The first four months of this year alone also saw bilateral trade grow impressively, reaching US$4.8 billion, up 32.37% compared to the same period of last year. With regard to investment, as … [Read more...] about Vietnam seeks Australian investment opportunities in Sydney

Illustrative image (Photo: VNA) HCM City (VNA) – Vietnam raked in an estimated 4.5 billion USD from exporting aquatic export s in the first five months of 2022, up over 44.5 percent over the same period last year, according to the Vietnam Association of Seafood Exporters and Producers (VASEP). Despite various challenges and difficulties caused by the COVID-19 pandemic and global changes in the last two years, Vietnamese seafood enterprises have seized opportunities to expand exports, and won orders with much higher prices than those in 2021. The positive results were attributed to the recovering and booming demand in many markets, the shortage of supply, and the increasing inflation in many countries. Vietnamese seafood processors and exporters have fully tapped advantages from the high inflation of the US market, China’s zero-COVID policy, and the strongly recovering demand in the European market to increase their exports to foreign markets. Notably, exports of shrimp, … [Read more...] about Vietnam’s seafood exports enjoy strong surge despite challenges

The AFD and EU have been actively supporting Vietnam in the areas of climate change mitigation and adaptation. Vietnam will receive financial aid from the EU and the Agence Française de Développement (AFD) to reduce the vulnerability to climate hazards in several towns in four northern and central provinces. The project is jointly co-financed with a EUR5 million (US$5.36 million) grant from the EU, a EUR123 million ($132 million) ODA loan from the AFD, and EUR 28 million ($30 million) from provincial budgets. The principal goal is to help localities adapt to climate change and recover from natural disasters such as flooding, typhoons, and drought. Delegates attend the launching ceremony. Photo: the Embassy of France in Vietnam The regional towns include Phat Diem in the northern province of Ninh Binh, Ngoc Lac in the central province of Thanh Hoa, and Hoang Mai in the central province of Nghe An, Huong Khe, and Thach Ha in the central province of Ha Tinh. … [Read more...] about AFD, EU strengthen urban climate resilience in Vietnam

The Vietnam Bear Rescue Center will be located at  Bach Ma National Park in the Central province of Thua Thien-Hue. The new facility will be constructed on an area of 12.7 hectares including 12 houses and 12 semi-wild houses with a total non-refund donation of US$10.5 million from Animals Asia. According to the Vietnam Bear Rescue Center, on May 27, the Forest Protection Department under the Ministry of Agriculture and Rural Development , the Bach Ma National Park coordinated with the Animals Asia to organize a ceremony to publicize the project, which will be built in the administrative-service area of the Bach Ma National Park to serve over 300 species of bear in a semi-natural environment. The project is expected to start construction in 2022 and be completed in four years later. Doctor. Jill Robinson MBE, the founder and General Director of Animals Asia Speaking at the ceremony, Deputy Director of the Forest Protection Department Nguyen Quoc Hieu informed that … [Read more...] about Vietnam to build second facility of Vietnam Bear Rescue Center in Thua Thien-Hue

The 12th European – Vietnam Documentary Film Festival will take place in Hanoi from June 3 – 12. (Photo: VOV) Hanoi (VNA) – The 12th European – Vietnam Documentary Film Festival will take place in Hanoi from June 3 – 12, featuring works from 11 countries. The annual event will be co-organised by the Vietnam National Documentary and Scientific Film Studio and the European Union Institutes for Culture ( EUNIC ). It is expected to be an opportunity for Vietnam ese people to have a close look into European people, culture and nature through big screen. Vietnamese audience will have a chance to enjoy the free screening of documentary films from Austria, Belgium, France, Italy, Germany, Israel, Spain, Switzerland, Czech Republic, the UK and Vietnam. The films, many of which are award-winning, touch upon various topics, from life of people leaving countryside to cities, climate change, to portraits of famous artists./. VNA … [Read more...] about European-Vietnam Documentary Film Festival to return next month